59 S Wright Ave #63FairbornOH45324
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fairborn at 59 S Wright Ave #63, Fairborn, OH, 45324 listed at $169,000 pairs $1,718/mo rent with a $827/mo payment to leave $607/mo cash flow. Total monthly income runs $1,718/mo, and annual cash flow reaches $7,278/yr on $56,024 cash to close. Return on cash invested measures 32.9% in year one, and rental yield registers 12.2% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 173.04% and total cumulative return in cash totals $96,943. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,718/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
5,871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45324, Fairborn, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 9,659 (49.0%) |
| Renter Occupied HU | 8,751 (44.3%) |
| Vacant Housing Units | 1,322 ( 6.7%) |
| Median Home Value | $226,164 |
| Average Home Value | $267,907 |
Housing Distribution
Address Breakdown
Residential
19,348
Single Family
16,500
Multi-Family
2,848
Businesses
911
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